Hutchison Ports Hutchison Ports has announced an increase to their Landside and Storage Tariffs. These tariffs will become effective as of the 13th of May 2024 and will apply to their Brisbane and Sydney ports. VICT fee increases Victoria International Container Terminal (VICT) has invited submissions under the...
As of 3 June 2024, Australian businesses exporting to the European Union (EU) will need to fulfill additional data requirements. As part of the upcoming third release of the EU’s Import Control System 2 (ICS2), all cargo that is discharging, transhipping in the EU, Northern Ireland,...
In welcome news, China 's Ministry of Commerce has announced the abolishment of tariffs on Australian wine, which became effective as of 29th March 2024. Prior to the introduction of these punitive tariffs, mainland China was Australia's most valuable export market, worth AU$1.3billion, a value...
This week has seen the Chinese government release an interim recommendation that the duties on wine are no longer necessary. This recent announcement has raised hopes that the removal of the tariffs which hit peaks of 200% on wine and resulted in Australia's annual wine exports...
The Australian Government will undertake trade agreement negotiations with the United Arab Emirates (UAE) in order to achieve a Comprehensive Economic Partnership Agreement that will drive imports, support economic growth and increase jobs stimulus across the country. As Australia's largest trade and investment partner in the...
China has lifted suspensions on three Australian meat export establishments with eight yet to be lifted. The conclusion of these initial suspensions is another positive step towards the stabilisation of the trade relationship between China and Australia. With renewed optimism regarding the removal of all the...
Over the past few years, approximately 3600 different Australian wines have entered the Thai market, all of which have had to undergo onerous testing for a wide range of substances. However the Federal Government has recently announced a simpler process for Australian wine producers exporting into...
The proposed trade agreement between Australia and the European Union will not proceed after negotiations failed to achieve the desired outcome. Whilst discussions have been underway since 2018, the proposed trade deal was believed to have disadvantaged Australian farmers, as it did not let enough of...
In what is welcome news to the Australian wine industry, China has announced that it will commence the review of tariffs on Australian wine imports from 30 November 2023. China’s wine tariffs originally came into effect November 2020, and imposed a charge, which started at 107.1%...
Whilst the Australian wine industry has grown, producing 1.3 billion litres in 2022, with more than 2,000 wineries employing 164,000 people and contributing AU$40 billion annually to the economy*, it has also simultaneously seen exports decrease by 10%, to AU$1.86 billion in the year to...